24.1 C
Basseterre
Sunday, February 5, 2023
HomeBusinessAmazon records biggest ever Thanksgiving shopping weekend

Amazon records biggest ever Thanksgiving shopping weekend

spot_img

Nov 30 (Reuters) – Amazon.com Inc (AMZN.O) said on Wednesday it recorded its biggest ever Thanksgiving weekend this year as shoppers, undeterred by inflation, scooped up everything from New Balance sneakers to Nintendo Switch gaming consoles.

Fire TV Sticks, AirPods and Champion clothing were among the top-selling items, Amazon said.

The National Retail Federation said on Tuesday a record number of 196.7 million people shopped during the five-day period from Thanksgiving through Cyber Monday, while Adobe Analytics said Cyber Monday sales rose to $11.3 billion, making it the biggest U.S. online shopping day in history.

Amazon in October hosted a second Prime Day-like event offering steep holiday discounts, while rivals ranging from Walmart Inc (WMT.N) to Best Buy Co Inc (BBY.N) also launched their own sales events to lure shoppers.

spot_img
spot_img
spot_img

Most Popular

spot_img
Advertisement
Contact a Program
If you are interested in a program or advertising, send us a message.
Send Message
Signup for our Newsletter
We'll only be in touch when we've something exciting to share.
We never share your details
No thanks
Subscribe